KYIV, July 31 – The hryvnia’s weakening against the U.S. dollar in July was temporary, Bohdan Danylyshyn, the head of the Council of the National Bank of Ukraine (NBU), said Tuesday.

"The depreciation of the hryvnia against the U.S. dollar by 2.2%, observed during July, was influenced by factors that are more likely to be situational. The strength of their impact will gradually weaken in the near future," he wrote on his Facebook page.